Adam, a macro researcher at Greeks.live, released a Chinese community brief, pointing out that the community is cautious about the volatility of Bitcoin, with much discussion about whether it will hit a new low. Members are mainly focused on building a hedging structure and selecting high-value option strategies, rather than simply predicting market direction. In terms of option trading strategies, the community believes that it is important to choose options strategies that can sell at good prices and have good IV. Most traders prefer to reduce costs and focus on cash flow direction, by using covered/uncovered strategies to buy at discounted prices, rather than focusing on volatility trading.